Commerce
JAMB 2014
The social responsibility factor of an organization is geared towards
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A.
contributing to the sustenance and development of its host community
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B.
operating without disrupting the very esssence of the environment
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C.
tackling the soci-economic problems of the state
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D.
meeting the needs and demands of the shareholders
Correct Answer: Option A
Explanation
Social responsibility is an ethical theory, in which individuals and business enterprises are accountable for fulfilling their civic duty; the actions of an individual or business must benefit the whole of society. In this way, there must be a balance between economic growth and the welfare of society and the environment.
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